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$100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
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Kevind53
bigdaddytim
Ponee
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$100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Thanks Out of Mind for sharing this info --- www.oom2.com
~~~~~~~~~~~~~
$100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website - LINK:
http://www.mof-krg.org/Default.aspx?l=1
06/22/2014
100 USD - 123.700 IQD
100 EUR - 170.100 IQD
1 YTL - 575 IQD
1000 IRR - 400 IQD
1SYP - 12 IQD
Gold (1 Ounce) - 237.000 IQD
http://www.mof-krg.org/Default.aspx?l=1
Message from
P.DIDDY:
Hey guys, just wanted to share something I found. The Kurdistan (Northern half of Iraq) Ministry of Finance website (not US created) has the following exchange rate. $100 USD - 123.700 IQD I believe they decided to act on the RI and we can see it. This doesn't reflect an RV (about 35% of the est float rate) but it's at least the first sign of an official rate increase we have verifiable proof of. For all those that said this is a The Evil word that should never be mentioned again, if you exchanged in Erbil you'd receive $123K on a $150 investment right now. The Baghdad Ministry of Finance website (US operated) has the rate unchanged... stay tuned.
~~~~~~~~~~~~~
$100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website - LINK:
http://www.mof-krg.org/Default.aspx?l=1
06/22/2014
100 USD - 123.700 IQD
100 EUR - 170.100 IQD
1 YTL - 575 IQD
1000 IRR - 400 IQD
1SYP - 12 IQD
Gold (1 Ounce) - 237.000 IQD
http://www.mof-krg.org/Default.aspx?l=1
Message from
P.DIDDY:
Hey guys, just wanted to share something I found. The Kurdistan (Northern half of Iraq) Ministry of Finance website (not US created) has the following exchange rate. $100 USD - 123.700 IQD I believe they decided to act on the RI and we can see it. This doesn't reflect an RV (about 35% of the est float rate) but it's at least the first sign of an official rate increase we have verifiable proof of. For all those that said this is a The Evil word that should never be mentioned again, if you exchanged in Erbil you'd receive $123K on a $150 investment right now. The Baghdad Ministry of Finance website (US operated) has the rate unchanged... stay tuned.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Anyone have any thoughts on this information?
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
My thought on this is IF it were real, I'll kiss Okie on the mouth!!
*****************
Never Argue With A Fool – They Will Drag You Down To Their Level, Then Beat You With Experience!
bigdaddytim- VIP Member
- Posts : 778
Join date : 2011-08-09
Location : Texas
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Well it seems to be a legit site and it does actually show those numbers. However the math does not work out. The most glaring is gold. Gold is around 1300/OZ, so if the rates are accurate Gold should be about 1050 IQD/OZ The Euro also does not add up.
Interesting, but .....
Interesting, but .....
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
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Age : 24
Location : Umm right here!
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Well, I remain a realist. A hopeful realist.
Billyg- VIP Member
- Posts : 502
Join date : 2013-12-13
Location : In my chair
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
My guess is a glitch of some sort. After I posted I noticed the the Arabic side had slightly different numbers:
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*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
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Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Maybe the discrepancy with the price of the gold is because they have substituted the real thing for pyrite??
*****************
Never Argue With A Fool – They Will Drag You Down To Their Level, Then Beat You With Experience!
bigdaddytim- VIP Member
- Posts : 778
Join date : 2011-08-09
Location : Texas
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Could you be thinking of an analogy between pyrite and dinar? Thanks bigdaddytim. Had to, just made me laugh.
Billyg- VIP Member
- Posts : 502
Join date : 2013-12-13
Location : In my chair
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
WELL WE'LL SEE!!!!!!!!!!!!!!! BUT MIGHT BE GOOD!!!!!!!!!!!!!!!!!
abby ann- VIP Member
- Posts : 2362
Join date : 2011-10-28
Location : WIDGETSVILLE USA
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
Now, if you could get the Kurds to exchange it for you, you could come back here and load up a bunch from the dealers and head back again. Somehow, I wouldn't count on it though.
I think I would opt for buying gold at that price.
I think I would opt for buying gold at that price.
catman- VIP Member
- Posts : 1085
Join date : 2012-04-28
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
I was just noticing they there are no decimals on the Arabic side. I'm guessing that it's maybe a typo, using a decimal point instead of a comma? Either way the math does not seem to work, but it's still unchanged...
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
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Age : 24
Location : Umm right here!
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
IF the rate was correct.....it is likely local only. Or maybe the Kurds are bailing on the IQD?
wlfpac_5- Active Member
- Posts : 31
Join date : 2014-03-02
Re: $100 USD - 123.700 IQD on The Kurdistan Ministry of Finance Website
My best guess at this point is that some clerk made some typos. The numbers just don't make any sense. IF the rate was correct, and I consider that a huge if, the rate for gold and the Euro are wrong. Something is screwed up somewhere.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
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